Civil Nuclear Agreement Upsc

Civil Nuclear Agreement Upsc

However, there have been other conflicting reports on China`s attitude. The Hindu said that while China had expressed its desire to include stricter language in the final draft, it had informed India of its intention to support the agreement. [131] In an interview with the Hindustan Times, Chinese Vice Foreign Minister Hu Zhengyue said that “China understands the need for India`s civil nuclear energy and the international cooperation related to it.” [132] Chinese Foreign Minister Yang Jiechi told India`s CNN-IBN: “We did nothing to block it [to the agreement]. We have played a constructive role. We have also adopted a positive and responsible attitude and a security agreement has been reached, so that the facts speak louder… as some reports.” [133] At a press conference in New Delhi, Yang added: “The policy was defined much earlier. When a consensus was reached, China had already made it clear that we had no problem with the NSG statement. [134] Yang stressed the importance of Sino-Indian relations and said, “Let`s work together [India and China] to go beyond doubt, to establish a stronger relationship between us.” [135] India and Britain also signed a nuclear cooperation agreement. September 12, 2008: The United States remains silent on the controversy in India over President Bush`s allegations that nuclear fuel guarantees in New Delhi under the agreement are only political commitments and are not legally binding. The NSG consensus has been welcomed by several large Indian companies. Major Indian groups such as Videocon Group, Tata Power and Jindal Power have seen a $40 billion nuclear energy market in India over the next 10 to 15 years.

[147] More optimistically, some of India`s largest and most prestigious companies, such as Bharat Heavy Electricals Limited, National Thermal Power Corporation and Larsen-Toubro, followed a $100 billion industry activity over the same period. [147] According to the Hindustan Times, nuclear power will produce 52,000 MW of electricity in India by 2020. [148] The United States has contributed to the construction of two boiling water reactors (BWR) of 210 MWe each at the Tarapur Nuclear Power Plant (T.A.P.S.) in Tarapur, Maharashtra. However, the United States and Canada ended their assistance after India`s first nuclear explosion exploded in 1974.